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Questions and Answers
What is the main role of public expenditure in developed countries?
What is the main role of public expenditure in developed countries?
- Provision of basic amenities of life
- Stabilization and maintenance (correct)
- Growth and employment
- Redistribution of income
According to classical economists, what is their view on government expenditure?
According to classical economists, what is their view on government expenditure?
- There has been a considerable increase in government expenditures
- Every government is taking an active part in the organization of its country
- Government expenditure is wasteful (correct)
- Laissez Faire
What is the importance of public expenditure in promoting economic development?
What is the importance of public expenditure in promoting economic development?
- Removal of regional imbalances
- Provision of basic amenities of life
- Redistribution of income
- Promotion of economic development (correct)
In underdeveloped economies, what is the main focus of public expenditure according to the text?
In underdeveloped economies, what is the main focus of public expenditure according to the text?
What is the definition of public expenditure as per the provided text?
What is the definition of public expenditure as per the provided text?
According to the classical economists, what is their view on the role of government in public expenditure?
According to the classical economists, what is their view on the role of government in public expenditure?
What is the main focus of public expenditure in underdeveloped economies according to the text?
What is the main focus of public expenditure in underdeveloped economies according to the text?
What is the primary purpose of public expenditure in optimizing the level of investment in a market economy according to the text?
What is the primary purpose of public expenditure in optimizing the level of investment in a market economy according to the text?
What is the significance of public expenditure in providing basic amenities such as education, health care, and water?
What is the significance of public expenditure in providing basic amenities such as education, health care, and water?
What is the main role of public expenditure in developed countries according to the text?
What is the main role of public expenditure in developed countries according to the text?
What is the primary role of public expenditure in underdeveloped economies according to the text?
What is the primary role of public expenditure in underdeveloped economies according to the text?
According to classical economists, what was their view on government expenditure?
According to classical economists, what was their view on government expenditure?
What is the significance of public expenditure in eradicating poverty and ensuring social justice according to the text?
What is the significance of public expenditure in eradicating poverty and ensuring social justice according to the text?
What is the main focus of public expenditure in optimizing the level of investment in a market economy according to the text?
What is the main focus of public expenditure in optimizing the level of investment in a market economy according to the text?
What are the classifications of public expenditure according to the text?
What are the classifications of public expenditure according to the text?
